Business description: Grupo Herdez, S.A.B. de C.V.

Grupo Herdez SAB de CV is a Mexico-based company engaged in the food processing sector. The Company's activities are divided into two business segments: Food and Frozen. The Food division focuses on the manufacture and distribution of canned and packed food products in Mexico and the United States. Its offer includes burritos, canned vegetables, guacamole, home-style salsa, honey, jam, ketchup, mayonnaise, mole, mustard, organic food, pasta, spices, tea, tomato puree and tuna, among others. It sells products through a number of brand names, such as Aires de Campo, Barilla, Bufalo, Chi-Chi's, Del Fuerte, Don Miguel, Dona Maria, Embasa, Herdez, La Victoria, McCormick, Wholly Guacamole and Yemina. In addition, it has distribution agreements in Mexico for GoGoSqueez, Kikkoman, Ocean Spray, Reynolds and Truvia products. The Frozen division is responsible for the manufacture and distribution of frozen yogurts and ice creams under the Nutrisa and Helados Nestle brand names.

Number of employees: 9,090

Sales by Activity: Grupo Herdez, S.A.B. de C.V.

Fiscal Period: December 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN) 2025 (MXN)

Canned Products

2.1TCr 2.53TCr 2.88TCr 2.89TCr 3.12TCr

Momentum

327.25Cr 391.69Cr 467.73Cr 510.21Cr 438.57Cr

Exports

190.37Cr 238.6Cr 270.83Cr 337.8Cr 303.93Cr

Geographical breakdown of sales: Grupo Herdez, S.A.B. de C.V.

Fiscal Period: December 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN) 2025 (MXN)

Mexico

2.43TCr 2.91TCr - - 3.55TCr

Exports

183.07Cr 253.17Cr - - 308.74Cr

Executive Committee: Grupo Herdez, S.A.B. de C.V.

Manager TitleAgeSince
Chief Executive Officer 71 01/03/2004
Director of Finance/CFO - 04/02/2026
Chief Administrative Officer - 08/07/2010
Corporate Officer/Principal 75 06/07/2010
Corporate Secretary - 01/04/2025

Composition of the Board of Directors: Grupo Herdez, S.A.B. de C.V.

Director TitleAgeSince
Chairman 71 01/03/2004
Director/Board Member 75 01/09/1991
Director/Board Member - 01/03/2004
Director/Board Member 68 01/04/1992
Director/Board Member - 01/03/2003
Director/Board Member - 01/03/2003
Director/Board Member 90 01/03/2004
Director/Board Member - 01/07/2019
Director/Board Member - 19/04/2024

Shareholders: Grupo Herdez, S.A.B. de C.V.

NameStocks%Valuation
68.94 %
23,10,00,000 68.94 % 802 M $
GBM Administradora de Activos, SA de CV SOSI
6.339 %
2,12,39,406 6.339 % 74 M $
Operadora de Fondos Banorte SA de CV
0.6697 %
22,43,921 0.6697 % 8 M $
Compass Investments de México SA de CV
0.045 %
1,50,706 0.045 % 523 010 $
BlackRock México Operadora SA de CV SOFI
0.00004 %
134 0.00004 % 465 $

Company details: Grupo Herdez, S.A.B. de C.V.

Grupo Herdez SAB de CV

Monte Pelvoux No. 215, Piso 5

11000, Mexico City

+52 55 5201 5655

http://www.grupoherdez.com.mx
address Grupo Herdez, S.A.B. de C.V.(HERDEZ *)

Group companies: Grupo Herdez, S.A.B. de C.V.

NameCategory and Sector
Food: Specialty/Candy
Food: Specialty/Candy

Other Food Processing

Change 5-day change 1-year change 3-year change Capi.($)
-0.53%-2.79%-3.67%+16.13% 99Cr
-0.18%-1.64%+6.78%-21.24% 27TCr
+0.91%-3.41%-12.39%-18.40% 7.55TCr
0.00%-1.34%+6.19%+31.48% 5.3TCr
-1.54%+2.10%+134.47%+485.89% 4.3TCr
+1.81%+4.71%+46.49%+2.38% 3.88TCr
+1.17%-4.66%+5.48%-28.21% 3.52TCr
+0.17%-7.07%+45.09%+104.13% 3.39TCr
-0.45%-0.19%+21.33%+29.03% 2.95TCr
+0.69%-2.05%-6.12%-29.80% 2.95TCr
Average +0.01%-2.37%+24.37%+57.14% 6.04TCr
Weighted average by Cap. +0.04%-2.08%+18.10%+30.05%
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
54.08MXN
Average target price
70.00MXN
Spread / Average Target
+29.44%

Quarterly revenue - Rate of surprise

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